12 will be good. 12.5 will be convincing but not desired. What is desired is short break after 12 (short consolidation to shake off weak holders) and proceed again. Note weak holders also in millions
Profile for Securities of PLC Instrument Category : Securities of PLC Instrument Type : Warrants Description : FREE DETACHABLE WARRANTS IN METRONIC GLOBAL BERHAD ("METRONIC") ("WARRANTS") ISSUED PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 645,342,048 NEW ORDINARY SHARES IN METRONIC ("METRONIC SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.065 PER RIGHTS SHARE TOGETHER WITH UP TO 484,006,536 FREE DETACHABLE WARRANTS ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS FOR EVERY 2 EXISTING METRONIC SHARES HELD BY THE ENTITLED SHAREHOLDERS OF METRONIC AT 5.00 P.M. ON 20 MARCH 2019 ("ENTITLED SHAREHOLDERS")
Initial Listing Information : Listing Date : 23/04/2019 Issue Date : 17/04/2019 Issue / Ask Price : Not Applicable Issue Size in Unit : 481,365,866.0000 Maturity Date : 16/04/2022 Revised Maturity Date : Name of Guarantor: Not Applicable Name of Trustee: Not Applicable Coupon/Profit/Interest/Payment Rate: Not Applicable Coupon/Profit/Interest/Payment Frequency: Not Applicable Redemption: Not Applicable Exercise/Conversion Period : 3.00 Year(s) Revised Exercise/Conversion Period : Not Applicable
Possibility Drop to 0.02 - 0.03 not high, 0.04 - 0.05 price is much higher.
Stock: [MTRONIC]: METRONIC GLOBAL BHD
Oct 28, 2020 11:29 PM | Report Abuse
Moneykj, i can tell you in advance, finally all your money will freeze in the market with more than 50% paper lose. You believe or not? Haha ! Happy trading !
Stock: [MTRONIC]: METRONIC GLOBAL BHD
Oct 20, 2020 1:19 PM | Report Abuse
Moneykj, haha, my consultant fees is not cheap, last time before i retired, my consultant fees is 50% of my customer profit.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Diamond7
2,370 posts
Posted by Diamond7 > 2020-11-11 21:52 | Report Abuse
https://www.thestar.com.my/business/business-news/2020/10/02/mtronic-in-jv-with-spore-company